Star fund manager, Sunil Singhania-led Abakkus Mutual Fund, will be making its debut with the launch of Abakkus Flexi Cap on 8 December 2025.
On the fund launch, here’s what Sunil Singhania had to say:
“Abakkus firmly believes in bringing a focused, fundamentals-driven approach to equity investing. As a young AMC backed by decades of experience in managing listed equities, we see a clear opportunity to offer investors a differentiated flexi cap strategy at a time when India’s growth story is strengthening.”
Abakkus, a new entrant in the Indian mutual fund industry, is an alpha-focused boutique asset management firm. It’s run by a highly experienced and able team that endeavours to generate alpha by strict adherence to processes, frameworks, and discipline.
The fund house has highlighted that all from its stable will follow an in-house investment framework called ‘MEETS’, to evaluate key drivers of long-term value creation.
MEETS refers to and focuses on:
- Management pedigree and track record
- Earnings quality and the ability of companies to multiply profits
- Events/Trends that affect or disrupt operations
- Timing of investment at a reasonable pricing
- Structural aspects like the size of the opportunity and competitive positioning
Moreover, Abakkus’s investment process comprises five Ds:
- Discovery of opportunities from a universe of nearly 1,500 stocks
- Delving into companies using the MEETS framework
- Developing a comprehensive micro and macro-level view based on competitive advantages and peer
- Detailing the investment thesis and portfolio fit
- Delivering a thoughtfully constructed portfolio backed by disciplined execution
The fund house believes that India’s growth is anchored by a strong demographic framework, favourable demographics, rising domestic consumption, and a powerful digital dividend.
Here’s what Vaibhav Chugh, CEO, Abakkus Investment Managers Private Ltd., had to say about the markets and the fund launch:
“After navigating stagnant waters for most of 2025, the Indian markets now offer a positive outlook, underpinned by strong GDP growth, low inflation, high forex reserves and pro-growth policy, supporting consumption and infrastructure.
Further, healthy monsoons, improving earnings, and resilient domestic and potential foreign flows favour a diversified flexi-cap opportunity.”
How Will Abakkus Flexi Cap Fund Allocate its Assets?
This open-equity fund will allocate upward of 65% of its total assets in equity and equity-related instruments, up to 35% in debt & money market instruments, and up to 10% in Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs).
The fund holds the mandate to flexibly invest across the market cap range – largecaps, midcaps, smallcaps – without upper or lower limits. Plus, it can invest in a variety of sectors. So, it has a dynamic mandate.
What is the Investment Objective of Abakkus Flexi Cap Fund?
The primary investment objective of the scheme is to seek to generate capital appreciation & provide long-term growth opportunities through equity and equity-related instruments by investing in a diversified portfolio of largecap, midcap, and smallcap securities.
The secondary objective is to generate consistent returns by investing in debt and money market securities.
There is no assurance that the investment objective of the scheme will be achieved.
What is the Investment Strategy?
The fund will be actively managed and will adopt a top-down and bottom-up approach to investing. It will aim at being diversified across various industries and/or sectors, and/or market capitalisation.
The investment emphasis would be on identifying companies with sound corporate managements and prospects of good future growth. Essentially, the focus would be on stocks driven by long-term fundamentals.
However, short-term opportunities would also be seized, provided the underlying values support these opportunities.
A portion of the scheme will also be invested in IPOs, emerging sectors, and other primary market offerings that meet the fund house’s investment criteria.
The stock identification process would include company and business analysis, industry analysis, future plans, projections, and valuations.
The fund management team may also consider technical analysis as part of the stock identification process. Based on analysis of various financial and non-financial parameters, the stocks will finally be shortlisted for the portfolio construction process.
Apart from in-house research, external research will also be used as an important source of information. Various magazines, journals, newspapers and databases also help in the research process.
While 65-100% of the total assets will be invested in equities, up to 35% may also be invested in debt & money market instruments and other liquid instruments or both.
When investing in debt & money market instruments, it would focus on optimising the trade-offs between liquidity, duration (interest rate movement), and credit quality, depending on the macroeconomic, technical, and market factors, including the future course of system liquidity, interest rates, and other fiscal and monetary variables.
The fund manager would also take cues from the global macroeconomic trends, government policy and monetary policy actions to decide on the asset allocation. The allocations will be within the limits defined.
The fund manager has the primary responsibility for portfolio construction based on the investment objective.
Who Will Manage the Fund?
The fund will be managed by Sanjay Doshi, an experienced investment professional with around two decades in equity fund management and research.
Previously, he held the role of Senior Fund Manager at Abakkus Asset Manager Private Limited (Apr–May 2025), focusing on macro analysis, mentoring, and research effectiveness.
He is a graduate in commerce (B.Com), chartered accountant (CA), MBA (Finance) and CFA.
Here’s what he had to say about Abakkus Flexi Cap Fund:
“Our Flexi Cap Fund is built on the Abakkus MEETS framework, which blends management quality, earnings strength, structural opportunity, and disciplined timing.
This fund stands out because it is carefully constructed and designed with a clear focus on risk management rather than market prediction.
Crucially, we steer clear of momentum-driven ideas, unnecessary portfolio churn, and investments in companies with leveraged balance sheets.”
Subscription Details
Abakkus Flexi Cap Fund is available for subscription from 8 November 2025 to 22 December 2025 during the NFO period. Units will be offered at Rs 10 each during this period.
Thereafter, the scheme opens for subscription on 30 December 2025.
The minimum application or investment amount is Rs 500 and any amount thereafter, for both lump sum and Systematic Investment Plan (SIP) purchases.
The scheme comes with the direct plan as well as a regular plan for investing, with both the growth option as well as Income Distribution cum Capital Withdrawal Option thereunder.
What About the Risk and Investor Suitability?
Abakkus Flexi Cap Fund commands very high risk on the risk-o-meter.
The fund is suitable for investors looking for capital appreciation over the long term (investment horizon of 5-7 years or more), wanting exposure to large, mid and small-cap stocks with an agile approach, and having the stomach for high risk.
How Will Capital Gains be Taxed?
For resident individuals, Short Term Capital Gain (STCG), i.e. if your holding period is less than or equal to 12 months, will be taxed at 20%.
The Long Term Capital Gains (LTCG), i.e. when the units are sold after 12 months, will be taxed at 12.5% without indexation benefit if the LTCG is more than Rs 1.25 lakh in the financial year.
Should You Consider Abakkus Flexi Cap Fund?
Abakkus Flexi Fund was launched at the peak of the Indian equity market, with the aim of capitalising on the upbeat sentiments in the market.
That said, the PE of the fund’s benchmark index, i.e. the BSE 500, is near the long-term average of 25. It means that the valuations seem reasonably placed.
Yet whether it will be able to be a star performer remains to be seen in the time to come. The fortune of the fund depends on the kind of stocks and other securities it adds to its portfolio while following a flexi cap approach.
Don’t expect quick, short-term returns from this fund.
Look at your risk profile, broader investment objective, the financial goal/s you are addressing, and time in hand to achieve those goals.
If you are not sure how to go about it, reach out to a SEBI-registered investment adviser.
Be a thoughtful investor.
Happy investing.
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